Lancer Corporation is firmly dedicated to sustainability, acknowledging the urgent need to safeguard the planet for future generations. With a strong passion for eco-friendly practices, Lancer aims to minimise its environmental footprint while fostering innovations that benefit both the earth and its inhabitants. Central to this commitment is a focus on reducing resource consumption and environmental impact. Lancer adopts practices that not only meet but exceed regulatory standards, ensuring a positive contribution to the environment through the integration of sustainable technologies and efficient processes.
Recognised excellence in sustainability
Lancer’s efforts have not gone unnoticed. The company has earned a silver medal from EcoVadis, a prestigious global rating platform for corporate social responsibility and sustainability. This recognition places Lancer in the top 15 per cent of companies within the general-purpose machinery manufacturing sector. EcoVadis evaluates companies on various criteria, including environmental management, labour and human rights, ethics, and sustainable procurement. Achieving such a high score underscores Lancer’s dedication to ethical and responsible business practices.
Supplier Leadership on Climate Transition (SLoCT)
As part of its commitment to sustainability, Lancer actively participates in the Supplier Leadership on Climate Transition (SLoCT) initiative. This program aims to support suppliers in reducing greenhouse gas emissions and embracing sustainable practices. Through collaboration and accountability, SLoCT fosters a more sustainable supply chain, enhancing overall environmental performance. Lancer’s achievements in this initiative include recognition for its Scope 1 and 2, and Scope 3 carbon footprints, further demonstrating its proactive approach to sustainability across its operations and supply chain.
Science Based Targets initiative
In alignment with global climate goals, Lancer is committed to the Science Based Targets initiative (SBTi), which helps organisations set ambitious greenhouse gas emission reduction targets based on the latest climate science. By working with SBTi, Lancer ensures that its targets are credible and impactful, contributing to the broader objectives of the Paris Agreement. This commitment not only reflects Lancer’s dedication to environmental stewardship but also promotes transparency by publicly disclosing its commitments and progress.
Transparency through the Carbon Disclosure Project
Transparency is crucial in the fight against climate change, and Lancer has been a proactive member of the Carbon Disclosure Project (CDP) since 2012. The CDP serves as a platform for companies to report on their climate change strategies, water security initiatives, and deforestation efforts. By participating in CDP, Lancer demonstrates its commitment to accountability and drives progress toward sustainable business practices. This ongoing disclosure helps inform decision-making processes that combat climate change and protect vital natural resources.
Lancer Corporation’s dedication to sustainability is evident in its proactive initiatives and recognitions. By prioritising eco-friendly practices, collaborating with suppliers, setting science-based targets, and promoting transparency, Lancer is not only safeguarding the environment but also leading by example in the manufacturing industry. As the company continues to innovate and inspire, it remains steadfast in its mission to create a sustainable future for all.
Find out more about Lancer’s sustainability objectives here.
